Select-Panels
0423.839.322 · rovalta.com · 22/09/2026
ACTIVE
Select-Panels
Financial year 2025 · closed on 30/09/2025
Net result
3,6 k €
+24.1% YoY
Gross margin
47,6 k €
+50.4% YoY
Equity
215,8 k €
+1.7% YoY
Overview
What does Select-Panels do?
Select-Panels is a Public limited company incorporated in 1983. Its main activity is: Non-specialised wholesale trade. Its registered office is in Waregem.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0423.839.322
Incorporation
09/03/1983
Legal form
Public limited company
Registered office
Nijverheidstraat 45 box B
8791 Waregem · FlandreSee on map
8791 Waregem · FlandreSee on map
Contributed capital
245 000,00 €
Latest accounts
30/09/2025
Activities (NACE)
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDA
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Financials
Trend over 19 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | |||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||
| Gross margin | 47,6 k € | +50.4% | 31,7 k € | +1006% | 2,9 k € | -83.6% | 17,4 k € | -67.8% | 54 k € | -88.6% | 474,9 k € | +426% | 90,3 k € | +27.0% | 71,1 k € | -16.4% | 85 k € | -9.0% | 93,5 k € | -6.7% | 100,2 k € | -1.2% | 101,4 k € | -12.4% | 115,8 k € | +79.5% | 64,5 k € | +107% | 31,2 k € | -20.5% | 39,2 k € | -19.8% | 48,8 k € | +2.5% | 47,7 k € | +4.0% | 45,8 k € |
| EBITDA | 45,2 k € | +51.9% | 29,8 k € | +315% | -13,9 k € | -184% | 16,5 k € | -65.3% | 47,5 k € | -89.7% | 463,1 k € | +497% | 77,5 k € | +20.4% | 64,4 k € | +2530% | 2,4 k € | -94.1% | 41,6 k € | -55.0% | 92,3 k € | -0.6% | 92,9 k € | -14.1% | 108,2 k € | +101% | 53,9 k € | +85.2% | 29,1 k € | -22.4% | 37,5 k € | -18.7% | 46,1 k € | -1.9% | 47 k € | +9.3% | 43 k € |
| Operating result | 34,1 k € | +14.6% | 29,8 k € | +308% | -14,3 k € | -192% | 15,5 k € | -66.6% | 46,5 k € | -85.9% | 329,3 k € | +497% | 55,2 k € | +54.7% | 35,6 k € | +235% | -26,3 k € | -359% | 10,2 k € | -87.1% | 79 k € | +18.1% | 66,9 k € | -6.1% | 71,2 k € | +283% | -39 k € | -275% | 22,2 k € | -27.3% | 30,6 k € | -21.5% | 39 k € | -1.6% | 39,6 k € | +11.4% | 35,5 k € |
| Net result | 3,6 k € | +24.1% | 2,9 k € | +105% | -60,5 k € | -306% | -14,9 k € | -323% | 6,7 k € | -95.1% | 136,3 k € | +1669% | -8,7 k € | -459% | 2,4 k € | +103% | -74,1 k € | -30.1% | -56,9 k € | -853% | 7,6 k € | +170% | -10,7 k € | -133% | 32,2 k € | +145% | -70,8 k € | -3807% | 1,9 k € | -84.3% | 12,2 k € | +10.4% | 11 k € | +74.5% | 6,3 k € | +311% | -3 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||
| Equity | 215,8 k € | +1.7% | 212,2 k € | +1.4% | 209,4 k € | -22.4% | 269,8 k € | -5.2% | 284,7 k € | +2.4% | 278 k € | +96.1% | 141,8 k € | -5.8% | 150,4 k € | +1.6% | 148 k € | -33.4% | 222,1 k € | -20.4% | 279 k € | +2.8% | 271,5 k € | -3.8% | 282,2 k € | +12.9% | 250 k € | -22.1% | 320,8 k € | +0.6% | 318,9 k € | +4.0% | 306,7 k € | +3.7% | 295,7 k € | +2.2% | 289,4 k € |
| Total assets | 1,7 M € | +43.9% | 1,2 M € | +0.6% | 1,2 M € | -6.7% | 1,3 M € | -3.1% | 1,3 M € | -0.6% | 1,3 M € | -65.7% | 3,8 M € | +109% | 1,8 M € | +13.0% | 1,6 M € | -5.5% | 1,7 M € | -4.3% | 1,8 M € | +2.8% | 1,7 M € | +18.8% | 1,5 M € | -4.5% | 1,5 M € | +63.4% | 940,1 k € | -0.0% | 940,3 k € | +1.0% | 930,9 k € | +0.6% | 925,6 k € | -0.1% | 926,9 k € |
| Cash | 2,8 k € | +3087% | 87,2 € | -50.9% | 177,6 € | +4.6% | 169,8 € | -92.0% | 2,1 k € | -95.2% | 44 k € | +28773% | 152,6 € | -87.4% | 1,2 k € | +15.2% | 1 k € | +4682% | 22 € | -89.3% | 205 € | -92.9% | 2,9 k € | +50.6% | 1,9 k € | -91.2% | 21,7 k € | +57.7% | 13,8 k € | +164% | 5,2 k € | -82.7% | 30,2 k € | +55.7% | 19,4 k € | +65.8% | 11,7 k € |
| Debts | 1,4 M € | +48.1% | 945,6 k € | -0.5% | 950 k € | -4.7% | 996,5 k € | -2.5% | 1 M € | -1.4% | 1 M € | -71.9% | 3,7 M € | +120% | 1,7 M € | +14.2% | 1,5 M € | -1.4% | 1,5 M € | -1.3% | 1,5 M € | +2.8% | 1,5 M € | +25.6% | 1,2 M € | -8.1% | 1,3 M € | +110% | 608,2 k € | -0.5% | 611,4 k € | -0.5% | 614,2 k € | -0.9% | 619,9 k € | -1.2% | 627,6 k € |
| Other | |||||||||||||||||||||||||||||||||||||
| Workforce | – | – | – | – | – | – | – | – | – | 0,6 ETP | – | – | – | – | – | – | – | – | – | ||||||||||||||||||
Estimate
Indicative valuation
As an indication, this company is worth
between 0 € and 100 k€
See the valuationGovernance
Board of directors
Seen on filing of 30/09/2025 · 3 active · 16 ended
Active mandates
Piet Delodder
ActiveXavier Delodder
ActiveVeronique Seyns
ActiveEnded mandates
At this address
Other companies at this address
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Micro model | Micro model | Micro model | Micro model | Micro model | Micro model |
| Start of the financial year | 01/10/2024 | 01/10/2023 | 01/10/2022 | 01/10/2021 | 01/10/2020 | 01/10/2019 |
| Closing of the financial year | 30/09/2025 | 30/09/2024 | 30/09/2023 | 30/09/2022 | 30/09/2021 | 30/09/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 30/04/2026 | 28/04/2025 | 04/07/2024 | 28/04/2023 | 28/04/2022 | 29/04/2021 |
| General meeting | 29/04/2026 | 28/03/2025 | 16/03/2024 | 31/03/2023 | 31/03/2022 | 26/03/2021 |
| Currency of the financial year | EUR | EUR | EUR | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 30/09/2025 | 29/04/2026 | 30/04/2026 | Dutch | |
| Micro model | 30/09/2024 | 28/03/2025 | 28/04/2025 | Dutch | |
| Micro model | 30/09/2023 | 16/03/2024 | 04/07/2024 | Dutch | |
| Micro model | 30/09/2022 | 31/03/2023 | 28/04/2023 | Dutch | |
| Micro model | 30/09/2021 | 31/03/2022 | 28/04/2022 | Dutch | |
| Micro model | 30/09/2020 | 26/03/2021 | 29/04/2021 | Dutch | |
| Micro model | 30/09/2019 | 30/04/2020 | 29/05/2020 | Dutch | |
| Micro model | 30/09/2018 | 30/03/2019 | 30/04/2019 | Dutch | |
| Micro model | 30/09/2017 | 17/03/2018 | 17/04/2018 | Dutch | |
| Abridged model | 30/09/2016 | 18/03/2017 | 31/03/2017 | Dutch | |
| Abridged model | 30/06/2015 | 26/12/2015 | 12/01/2016 | Dutch | |
| Abridged model | 30/06/2014 | 27/12/2014 | 26/01/2015 | Dutch | |
| Abridged model | 30/06/2013 | 28/12/2013 | 27/01/2014 | Dutch | |
| Abridged model | 30/06/2012 | 31/12/2012 | 31/01/2013 | Dutch | |
| Abridged model | 30/06/2011 | 24/12/2011 | 20/01/2012 | Dutch | |
| Abridged model | 30/06/2010 | 27/12/2010 | 25/01/2011 | Dutch | |
| Abridged model | 30/06/2009 | 26/12/2009 | 06/01/2010 | Dutch | |
| Abridged model | 30/06/2008 | 27/12/2008 | 21/01/2009 | Dutch | |
| Abridged model | 30/06/2007 | 29/12/2007 | 27/03/2008 | Dutch | |
| Abridged model | 30/06/2006 | 30/12/2006 | 09/01/2007 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 0 € and 100 k€
The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 30/09/2025 · 3 active · 16 ended
Active mandates
Piet Delodder
ActiveXavier Delodder
ActiveVeronique Seyns
ActiveEnded mandates
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates05/07/2021ONTSLAGEN - BENOEMINGEN
- Mandates13/10/2016ONTSLAGEN - BENOEMINGEN
- Mandates26/09/2016ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
- Mandates07/03/2014ONTSLAGEN - BENOEMINGEN
- Mandates10/02/2010ONTSLAGEN - BENOEMINGEN
- Capital / shares24/06/2004KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 20253,6 k €↑
- 2024Annual accounts 20242,9 k €↑
- 2023Annual accounts 2023-60,5 k €↓
- 2022Annual accounts 2022-14,9 k €↓
- 2021Annual accounts 20216,7 k €↓
- 2020Annual accounts 2020136,3 k €↑
- 2019Annual accounts 2019-8,7 k €↓
- 2018Annual accounts 20182,4 k €↑
- 2017Annual accounts 2017-74,1 k €↓
- 2016Annual accounts 2016-56,9 k €↓
- 2015Annual accounts 20157,6 k €↑
- 2014Annual accounts 2014-10,7 k €↓
- 2013Annual accounts 201332,2 k €↑
- 2012Annual accounts 2012-70,8 k €↓
- 2011Annual accounts 20111,9 k €↓
- 2010Annual accounts 201012,2 k €↑
- 2009Annual accounts 200911 k €↑
- 2008Annual accounts 20086,3 k €↑
- 2007Annual accounts 2007-3 k €
- 09/03/1983IncorporationPublic limited company